YouTube in talks to buy Next New Networks - report

Thursday 16 December 2010 | 09:33 CET | News
YouTube is in talks to buy Next New Networks, a web video production company, the New York Times reported, citing two people briefed on the discussions. The acquisition would be YouTube's first major foray into producing original content, showing its growing focus on offering professional videos rather than just short clips by amateurs. YouTube and Next New Networks have not yet signed an agreement. The people who were briefed, but who were not authorized to speak publicly, would not disclose the proposed price. Both companies declined to comment. As companies like Hulu and Netflix offer more

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Broadcast & Satellite / Internet
Companies: Next New Networks / YouTube
Countries: United States / World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.